Announcements

The Financial Services Regulatory Authority of Ontario (FSRA) submitted its Eligible Financial Contracts (EFC) Rule to the Minister of Finance for approval. If approved, the new Rule will: provide clarity and fairness to counterparties (other financial institutions or entities in a financial

The Financial Services Regulatory Authority of Ontario, FSRA, has imposed administrative penalties in the total amount of $20,500 on Rebecca Thien Kim Nguyendo (Nguyendo). Nguyendo contravened the Mortgage Brokerages, Lenders and Administrators Act, 2006, S.O. 2006, c. 29, as amended (the Act) and

The Financial Services Regulatory Authority of Ontario (FSRA) is establishing a new Technical Advisory Committee (TAC) for the Regulation of Auto Insurance Rates and Underwriting. FSRA is looking for 10 to 12 experienced professionals to provide technical expertise and strategic advice. TAC members

The Financial Services Regulatory Authority of Ontario, FSRA, has imposed six administrative monetary penalties in the total amount of $600,000 against Claire Drage (Drage), formerly a licensed mortgage broker in Guelph, Ontario. FSRA determined that Drage engaged in a prolonged and extensive

The Financial Services Regulatory Authority of Ontario (FSRA) is reminding individuals using the Financial Planner title ( or similar) to review Ontario’s title protection framework requirements and ensure they have an approved credential. The transition period under Ontario’s title protection

The Financial Services Regulatory Authority of Ontario (FSRA) is warning consumers not to do business with Dianne Van Rossum (or Dianne Vanrossum), as she is not licensed to conduct mortgage brokering business in Ontario.

The Financial Services Regulatory Authority of Ontario, FSRA, has initiated enforcement action against Jennifer Iachelli (Iachelli) and Nicole Geldart (Geldart). FSRA alleges that Iachelli contravened the Mortgage Brokerages, Lenders and Administrators Act, 2006 (Act) and its regulations by giving

The Financial Services Regulatory Authority of Ontario, FSRA, has imposed administrative penalties in the total amount of $4,000 on Mai Anh (Cindy) Tran (Tran). Tran contravened the Mortgage Brokerages, Lenders and Administrators Act, 2006, S.O. 2006, c.29, as amended (Act) by receiving remuneration

The Financial Services Regulatory Authority of Ontario, FSRA, has issued an order to refuse to renew the mortgage agent licence of Frank (Frankie) Attard (“Attard”) and to impose five administrative penalties in the total amount of $25,000 on Attard. Attard contravened the Mortgage Brokerages

The TLE will test the sale of auto insurance at Ontario motor vehicle dealerships by licensed agents and brokers The Financial Services Regulatory Authority of Ontario (FSRA) is now accepting applications for a Point of Sale Test and Learn Environment (TLE) designed to offer more convenience and